10.5 Start Publications established the following standard price and costs for a hardcore picture book that the company Standard pand warte Sales Matera 17.00 . . . Oh Seite wannen Hantering 111 Asume that hurt actual poded and to the prende cure Net . 1 Actual In generalis 52.00 Required a. b. Dette ble totes and indicate whether chance to it "Non there is no weterre variancell Stuart Publications established the following standard price and costs for a hardcover picture book that the compan produces Standard price and variable coats Sales price Materials cost Labor cost Overhead cost Selling, general, and administrative COBEE Planned fixed coats Manufacturing overhead Selling, general, and administrative 3700 8.80 4.50 5.60 6.90 6130 000 51 000 Assume that Stuart actually produced and sold 38,000 books. The actual sales price and costs incurred follow Actual price and variable coste Sales price Materials cost Labor cost Overhead coat Selling general, and administrative costa Actual fixed coats Manufacturing overhead Selling general, and administrative 36.00 9.00 440 5.65 6.70 $115,000 57.000 Required a. & b. Determine the flexible budget variances and also indicate whether each variance is favorable (F) or unfavorable (U) (Select "None" if there is no effect (Le.zero variance).) Flexible Budget Variances u Sales revenue Variable manufacturing costs Materials Labor Overhead Variable selling general and administrative costs Contribution margin Fixed costs Manufacturing overhead Selling general, and administrative costs Not income ro